Ningbo ShanshanLtd Balance Sheet Health
Financial Health criteria checks 2/6
Ningbo ShanshanLtd has a total shareholder equity of CN¥23.0B and total debt of CN¥17.1B, which brings its debt-to-equity ratio to 74.7%. Its total assets and total liabilities are CN¥47.6B and CN¥24.6B respectively. Ningbo ShanshanLtd's EBIT is CN¥45.0M making its interest coverage ratio 0.1. It has cash and short-term investments of CN¥3.8B.
Key information
74.7%
Debt to equity ratio
CN¥17.14b
Debt
Interest coverage ratio | 0.09x |
Cash | CN¥3.84b |
Equity | CN¥22.96b |
Total liabilities | CN¥24.62b |
Total assets | CN¥47.58b |
Recent financial health updates
Here's Why Ningbo ShanshanLtd (SHSE:600884) Is Weighed Down By Its Debt Load
Dec 26Does Ningbo ShanshanLtd (SHSE:600884) Have A Healthy Balance Sheet?
Sep 27Is Ningbo ShanshanLtd (SHSE:600884) Using Too Much Debt?
May 24Recent updates
Here's Why Ningbo ShanshanLtd (SHSE:600884) Is Weighed Down By Its Debt Load
Dec 26Ningbo Shanshan Co.,Ltd.'s (SHSE:600884) Shares Leap 32% Yet They're Still Not Telling The Full Story
Oct 01Does Ningbo ShanshanLtd (SHSE:600884) Have A Healthy Balance Sheet?
Sep 27Market Cool On Ningbo Shanshan Co.,Ltd.'s (SHSE:600884) Revenues
Jul 01Is Ningbo ShanshanLtd (SHSE:600884) Using Too Much Debt?
May 24Ningbo ShanshanLtd's (SHSE:600884) Shareholders Have More To Worry About Than Only Soft Earnings
May 02Time To Worry? Analysts Are Downgrading Their Ningbo Shanshan Co.,Ltd. (SHSE:600884) Outlook
May 01Ningbo Shanshan Co.,Ltd.'s (SHSE:600884) Shares Lagging The Market But So Is The Business
Mar 21Financial Position Analysis
Short Term Liabilities: 600884's short term assets (CN¥17.8B) exceed its short term liabilities (CN¥13.7B).
Long Term Liabilities: 600884's short term assets (CN¥17.8B) exceed its long term liabilities (CN¥10.9B).
Debt to Equity History and Analysis
Debt Level: 600884's net debt to equity ratio (57.9%) is considered high.
Reducing Debt: 600884's debt to equity ratio has increased from 47.1% to 74.7% over the past 5 years.
Debt Coverage: 600884's debt is not well covered by operating cash flow (13.7%).
Interest Coverage: 600884's interest payments on its debt are not well covered by EBIT (0.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
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Company Analysis | 2025/01/08 07:36 |
End of Day Share Price | 2025/01/08 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ningbo Shanshan Co.,Ltd. is covered by 20 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
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Jimmy Huang | BNP Paribas Securities (Asia) |
Cheng Shen | BOCI Research Ltd. |
Bo Hua Wu | Changjiang Securities Co. LTD. |